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Highlights
- Sales over the Year and quarter: The company’s sales declined by -40.66 % over the year, decrease in net sales/revenue by -13.92 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -99.07 %, Marginal decrease of -97.5% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for White Organic Agro Limited. Profit dropped by -57.92 % Year to Year, White Organic Agro Limited’s profitability dropped by -432.96 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -58.02 % Year to Year. EPS decreased by -440 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 13.605 Cr | Rs. 9.378 Cr | Rs. 8.073 Cr | -13.92 % | -40.66 % |
Expenses | Rs. 18.58 Cr | Rs. 9.55 Cr | Rs. 9.12 Cr | -4.5 % | -50.91 % |
Operating Profit | Rs. -4.98 Cr | Rs. -0.17 Cr | Rs. -1.05 Cr | -517.65 % | + 78.92 % |
OPM % | -36.6 % | -1.81 % | -13.01 % | -11.2 % | + 23.59 % |
Other Income | Rs. 2.14 Cr | Rs. 0.8 Cr | Rs. 0.02 Cr | -97.5 % | -99.07 % |
Interest | Rs. 0.86 Cr | Rs. 0.16 Cr | Rs. 0.42 Cr | + 162.5 % | -51.16 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -3.7 Cr | Rs. 0.47 Cr | Rs. -1.45 Cr | -408.51 % | + 60.81 % |
Tax % | -23.56 % | 22.51 % | -17.74 % | -40.25 % | + 5.82 % |
Net Profit | Rs. -2.83 Cr | Rs. 0.36 Cr | Rs. -1.19 Cr | -430.56 % | + 57.95 % |
EPS in Rs | Rs. -0.81 | Rs. 0.1 | Rs. -0.34 | -440 % | + 58.02 % |
Today, we’re looking at White Organic Agro Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -40.66 %. However, it did see a marginal slip of -13.92 % from the previous quarter. Expenses decreased slightly by -4.5 % quarter-on-quarter, aligning with the annual decline of -50.91 %. Operating profit, while up 78.92 % compared to last year, faced a quarter-on-quarter dip of -517.65 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 23.59 %, but a shrinkage of -11.2 % sequentially. Other income fell by -97.5 % compared to the last quarter, despite an annual decline of -99.07 %. Interest expenses surged remarkably by 162.5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -51.16 %. Profit before tax grew annually by 60.81 % but saw a reduction from the preceding quarter by -408.51 %.
Tax expenses as a percentage of profits increased slightly by 5.82 % compared to last year, with a more notable quarter-on-quarter decrease of -40.25 %. Net profit rose by 57.95 % year-on-year but witnessed a -430.56 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 58.02 % but a quarterly fall of -440 %. In summary, White Organic Agro Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 13.605 Cr | Rs. 9.378 Cr | Rs. 8.073 Cr | -13.92 % | -40.66 % |
Expenses | Rs. 18.58 Cr | Rs. 9.55 Cr | Rs. 9.12 Cr | -4.5 % | -50.91 % |
Operating Profit | Rs. -4.98 Cr | Rs. -0.17 Cr | Rs. -1.05 Cr | -517.65 % | + 78.92 % |
Net Profit | Rs. -2.83 Cr | Rs. 0.36 Cr | Rs. -1.19 Cr | -430.56 % | + 57.95 % |
EPS in Rs | Rs. -0.81 | Rs. 0.1 | Rs. -0.34 | -440 % | + 58.02 % |
In reviewing White Organic Agro Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -40.66 % year-on-year, although there was a slight dip of -13.92 % from the previous quarter. Expenses decreased by -50.91 % compared to the previous year, with a decrease of -4.5 % quarter-on-quarter. Operating Profit surged by 78.92 % annually, and saw a -517.65 % decrease from the last quarter.
Net Profit showed yearly increase of 57.95 %, and experienced a -430.56 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 58.02 % annually, however dipped by -440 % compared to the last quarter. In essence, while White Organic Agro Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.